It hasn't been fun owning Sirius XM's (NASDAQ: SIRI) stock lately. In the last three years, the shares have lost more than 53%. Over that span, the S&P 500 gained 29%.

People were once drawn to the service and the company grew quickly. However, recently there has been sluggish revenue growth. The key question for long-term investors is, how can Sirius XM accelerate top-line growth and profitability? Or, are the company's best days behind it?

The answer lies in understanding the business. Let's take a look to see if management can turn things around.

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Source Fool.com